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Save the Gramm-Rudman Sequester

Save the Gramm-Rudman Sequester
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Washington's Budget Binge: Getting Even Worse

Washington's Budget Binge: Getting Even Worse
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The Impact of Higher Taxes: More Spending, Economic Stagnation,Fewer Jobs, and Higher Deficits

The Impact of Higher Taxes: More Spending, Economic Stagnation,Fewer Jobs, and Higher Deficits
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"Mr. President, Keep Your Promise: No New Taxes"

(Archived document, may contain errors) 769 May 18,1990 MR. PRESIDENT, KEEP YOUR PROMLSE NONEWTAXES Daniel J. Mitchell John M. Olin Fellow The policy most strongly associated with George Bush is best summarized in his now-famous statement, Read my lips: No new taxes. Now, not withstanding his 1988 election promise to oppose any tax increase, Bush has announced that he enters budget deficit reduction negotiations with congres sional leaders with no preconditions. Administration representatives have made it clear that a tax hike is on the table.

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The Return of Economic Reality: Risk Talking podcast

Risk Talking podcast

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Detailed text transcripts for TV channel - FOXNEWS - 20130228:12:21:00

the problem is we missed the opportunity and i look at the two very successful examples in my political career, ronald reagan and bill clinton, where we had bipartisanship. we produced extraordinary political results. they didn't meet with congress the day after bad things happened. they met before bad things happened. so bad things didn't happen. i mean. >> steve: good point. >> it's a question of blame or leadership. we're heavy on one and short on the other. >> steve: you're exactly right. phil gramm from the great state of texas, he's the gramm in gramm rudman. thank you for joining us. >> thank you. >> steve: see, we lived through it in the '80s. well, you thought this was bad? turns out paying for this federal employee's vegas bubble bath was one of the cheapest

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Detailed text transcripts for TV channel - FOXNEWS - 20130115:11:57:00

reduction. nothing could be further from the truth. in the past three decades the only thing that has worked in washington to get the spending under control is to tie debt spending to a limit. gramm-rudman. it is a tool that can and should be used. >>gretchen: he seems to think it has nothing to do with spending. what would be your counter to that? >> it has everything to do with spending. again, it's been the most effective tool to be used to try to get washington to finally begin to tighten its belt and do the right thing. if we don't, the country does become bankrupt. some would grew it already -- some would argue it already is, as we saw in that hbo -- hank paulson looked good. >>gretchen: he wasn't playing himself. unfortunately we're out of time, but this discussion could go on and on. >> the american people want us to deal with this issue,

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Detailed text transcripts for TV channel - FOXNEWS - 20110815:20:40:00

right? and those are calling for very big defense cuts which i imagine to the seven members who look to getting money from the defense contractorrors that is a catch 22. >>guest: i have been in washington long enough to remember the gramm-rudman triggers that congress found a way around. congress always find as way around especially a limit or ceiling or trigger that congress credited. they will find a way around this, too. >>neil: they can create. they can uncreate. well put, thank you very much. stay tuned.

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Detailed text transcripts for TV channel - FOXNEWS - 20110421:02:13:00

says let me repeat a. tuesday a guy speaking on behalf of 114 democrats says let me repeat a. >> greta: the republicans are sitting there watching. >> that's why i wrote the column. i think the republicans need to get ahead of this it will help them win the public opinion war. american people don't want to pass a clean debt ceiling. they don't want a blank cheque for more of what we've seen over the last two years. president obama has increased discretionary domestic spending by 84%. here's the deal, put a reasonable effort out there we had gramm-rudman a bipartisan effort to restrain spending during the 80s it worked. we ought to look at spending and deficit caps and put them into practice during the debt ceiling vote as part of the debt ceiling vote so the american people have confidence and the markets can have confidence we are serious

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Detailed text transcripts for TV channel - FOXNEWS - 20110421:05:13:00

Detailed text transcripts for TV channel - FOXNEWS - 20110421:05:13:00
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